North Okanagan Real Estate Report - January, 2018
Based on sales reported by REALTORS® January 1st - 31st
Condo/Apartments
Sales | 13 |
New Listings | 19 |
Current Inventory | 58 |
Number of Months | 4 |
Sell/Inv. Ratio | 22.41% |
Days to Sell | 95 |
Days – Range | 11 to 283 |
Average Price | $227,269 |
Median Price | $162,500 |
Price - Range | $102,000 - $790,000 |
Hottest Neighbourhood | Vernon City |
Condo/Townhouses
Sales | 20 |
New Listings | 30 |
Current Inventory | 71 |
Number of Months | 4 |
Sell/Inv. Ratio | 28.17% |
Days to Sell | 54 |
Days – Range | 11 to 127 |
Average Price | $295,315 |
Median Price | $284,500 |
Price - Range | $137,000 - $590,000 |
Hottest Neighbourhood | Harwood |
Lots & Acreages
Sales | 11 |
New Listings | 21 |
Current Inventory | 278 |
Number of Months | 21 |
Sell/Inv. Ratio | 3.96% |
Days to Sell | 173 |
Days – Range | 39 to 514 |
Average Price | $172,718 |
Median Price | $137,500 |
Price - Range | $54,000 - $386,500 |
Hottest Neighbourhood | Armstrong/Spall |
Residential Single Family Homes
Sales | 42 |
New Listings | 86 |
Current Inventory | 234 |
Number of Months | 6 |
Sell/Inv. Ratio | 17.95% |
Days to Sell | 84 |
Days – Range | 3 to 498 |
Average Price | $591,959 |
Median Price | $520,500 |
Price - Range | $150,000 - $3,588,000 |
Hottest Neighbourhood | Coldstream |
Ratio of Sales vs Inventory 17.03%
DISCLAIMER: Monthly Sales statistics are based on the sales reported by real estate offices on or before the last day of the month. Sales not reported by month end and collapsed sales are reflected in the subsequent month’s statistics.